Bargain Hunters Take Note: Insider Cluster-Buying At TPIC
June 03, 2019 at 10:52 AM EDT
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At TPI Composites Inc (TPIC), 3 different insiders purchased 6,500 shares at an average price of $22.74/share, for a total of $147,815, with the most recent purchase on May 28, 2019.